Bridgestone Tires Tops 50 Global Tire Companies
According to a new research report on the top 50 global tire enterprises, Bridgestone tops the list.
As noted by Research and Markets, in 2012, the sales revenue of Bridgestone tires was JPY 2.5572 trillion (USD 29.8 billion), globally ranking the first. In 2012, the sales revenue of Michelin tires was approximately USD 28.4 billion, globally ranking the second.
Meanwhile, the sales revenue of Goodyear and Continental AG was USD 21 billion and USD 12.8 billion, respectively, globally ranking the third and the fourth, respectively. In 2012, among global Top 50 tire enterprises, only the four tire enterp
rises with the annual sales revenue exceeding USD 10 billion. Among the other forty-six enterprises, enterprise with the highest annual sales revenue was Pirelli (about USD 8 billion) and enterprise with the lowest annual sales revenue was China Shandong Jinyu Tire Co., Ltd. (less than USD 400 million). In 2012, sales revenue of the Top 50 tire enterprises totaled over USD 180 billion.
Over ten of the Top 50 tire enterprises are China native enterprises. In addition, the Top 10 enterprises all have established plants in China. CRI predicts that more Chinese enterprises will enter the list of Top 50 tire enterprises in the coming years. In recent years, although the costs of labor, land, energy are increasing constantly, CRI predicts that the China tire industry will still possesses certain advantages in the world thanks to its complete tire industry chain. CRI issues research reports on global Top 50 tire enterprises every year to record their development paths.
More information at: Research and Markets.
Category: Featured, General Update, Wheels & Tires
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